Categories: Business

Federal Bank shares fall post merger talks

Jana Small Finance Bank has sought a universal banking licence from RBI. RBI returned its initial application in June 2025, leaving the lender open to making a future submission. Jana was among the microfinance lenders that received a specialised banking licence in 2017. It began operations as a small finance bank in March and went public in Feb 2024.

The News Vista

Share
Published by
The News Vista

Recent Posts

Businesses concerned over India, Japan trade deal: Ficci president Anant Goenka

The comments came a day after commerce and industry minister Piyush Goyal’s nudge to Japanese…

2 hours ago

Zee moves SAT, seeks one-day extension for warrant subscription

SAT had earlier allowed Zee to raise funds through warrants and gave the broadcaster a…

2 hours ago

For global scale banks, EAC-PM seeks mergers

Beyond consolidation, banks need to narrow the credit-deposit gap, mobilise stable low-cost deposits and curb…

2 hours ago

BIS, comm min will work to support high-tech industries

Commerce and industry minister Piyush Goyalsaid that clarifications related to SEZ notification, which were flagged…

2 hours ago

RBI turns net buyer of dollars in June

The shift narrowed RBI’s cumulative net sales for the fiscal year to -$14.5 billion and…

2 hours ago

RBI flags price risks, 2nd time in August

Industrial activity also remained supportive. PMI data showed that firms’ expectations for future output improved,…

2 hours ago